Latest in Mortgage News: Financial experts see less risk of an imminent recession + MORE Apr 27th

Mortgages in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
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CMHC exceeds 2023 housing goals despite economic headwinds May 12th

The Canada Mortgage and Housing Corporation surpassed its 2023 housing targets despite difficult economic conditions and internal financial struggles..... More »

How much income do I need to qualify for a mortgage in Canada? + MORE May 18th

After several years of sky-high borrowing costs, mortgage rates are (finally!) starting to ease up. That’s great news for cash-strapped Canadians currently shopping for the best mortgage rate—but it unfortunately hasn’t translated into improved affordability when buying a home. The national.... More »
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Why are fertility treatments so expensive in Canada? + MORE May 15th

Being unable to have a child naturally can be extremely difficult. But when you factor in the high costs of fertility treatments, the range of individual circumstances and the fact that the industry itself is secretive about fees, it can make the whole ordeal even more devastating and hard to plan f.... More »

What mortgage professionals can expect at the upcoming MIC trade show Apr 30th

ONMICA is hosting its latest annual MIC Trade Show and Seminar in Toronto on May 8..... More »
A recent survey of financial experts reveals a shift in recession expectations, showing a decrease in the likelihood of an imminent economic downturn. However, there is growing uncertainty regarding the timing and degree of anticipated Bank of Canada interest rate cuts.

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Since Ali Najaf moved from Pakistan to Vancouver as a student in 2012, he has earned a degree, landed a job in human resources, and gotten married. Now the 30-year-old says he’s ready to purchase his first property in his adoptive homeland, but there’s a problem; as a practicing Muslim, Najaf cannot collect or pay interest, barring him from traditional mortgage products.

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